![]() Ostler told CNN that investors should speak to a human advisor instead for now, but argued that "the democratization of AI seems to be something that will disrupt and revolutionize financial industries. After all, the predictability of the stock market could diminish if investors were to make use of the same algorithms.Īnd before then, it's probably best to refrain from using ChatGPT to make financial decisions unless you have an exceptional tolerance for risk. "So my guess is, if I run this exercise, in the next five years, by the year five, there will be zero return predictability," he said.įinder's ChatGPT stock portfolio would likely suffer the same fate. The news comes after University of Florida finance professor Alejandro Lopez-Lira shared a yet-to-be-peer-reviewed paper last month in which he claimed that ChatGPT was able to forecast stock prices of specific companies by parsing financial headlines.īut as Lopez-Lira told CNBC a the time, if these tools really are effective and everybody starts making use of them, any gains made would diminish significantly over time as the market adjusts. It won't "be long until large numbers of consumers try to use for financial gain," Finder CEO Jon Ostler said in a statement quoted by CNN. AI GainsĪnalysts at Finder asked OpenAI's mega-popular AI chatbot to select stocks based on a common set of criteria, including levels of debt and historical growth.ĬhatGPT chose name-brand stocks like Microsoft - a major backer of its creator OpenAI, for those keeping score - as well as Netflix and Walmart for its portfolio. In other words, there's a good reason why ChatGPT refuses to "provide specific investment advice" when prompted. Still, though, the results are intriguing - and could be a harbinger of controversial new frontiers in the public's use of OpenAI's tech. Besides, the tech is still struggling with far more mundane tasks like reliably telling the truth or basic arithmetic. Given the nature of the tech, we'll also never know how exactly the chatbot arrived at its answer. After all, with enough guesses, anyone could eventually outperform the S&P 500. We also don't know what the numbers would look like if a portfolio was chosen at random. ![]() For one, the time period being measured is quite short, and the experiment is anecdotal. While those numbers are impressive on the face of it, they obviously don't tell the whole story. In comparison, the S&P 500 rose only three percent. The portfolio gained a considerable 4.9 percent between March 6 and April 28, compared to an average loss of 0.8 percent of the ten leading investment funds in the UK over the same period. To learn more, see the privacy policy.Will ChatGPT be your next fund manager? Dummy AI StocksĪ dummy portfolio of stocks picked by ChatGPT outperformed the S&P 500 Index - a list of the 500 most valuable companies in the US - over a span of eight weeks, financial comparison site found. Please note that Urban Thesaurus uses third party scripts (such as Google Analytics and advertisements) which use cookies. Special thanks to the contributors of the open-source code that was used in this project: and you might like to check out the growing collection of curated slang words for different topics over at Slangpedia. There is still lots of work to be done to get this slang thesaurus to give consistently good results, but I think it's at the stage where it could be useful to people, which is why I released it. ![]() Please also note that due to the nature of the internet (and especially UD), there will often be many terrible and offensive terms in the results. There are always several meanings of each word in Urdu, the correct meaning of Funny in Urdu is, and in roman we write it Shokh. Or you might try boyfriend or girlfriend to get words that can mean either one of these (e.g. The search algorithm handles phrases and strings of words quite well, so for example if you want words that are related to lol and rofl you can type in lol rofl and it should give you a pile of related slang terms. ![]() ![]() The higher the terms are in the list, the more likely that they're relevant to the word or phrase that you searched for. Note that this thesaurus is not in any way affiliated with Urban Dictionary.ĭue to the way the algorithm works, the thesaurus gives you mostly related slang words, rather than exact synonyms. The official Urban Dictionary API is used to show the hover-definitions. These indexes are then used to find usage correlations between slang terms. The Urban Thesaurus was created by indexing millions of different slang terms which are defined on sites like Urban Dictionary. ![]()
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